By Matthew Schnittman, TopSchool
In Senator Harkin's opening remarks during the recent congressional hearings on higher education, he stated, "We have a responsibility to ensure that taxpayer dollars are being spent wisely, and that for-profit colleges are serving students, not just shareholders." As the CEO of TopSchool and previously serving as the president of eCollege, I understand the need to serve shareholders. However, I couldn't agree more that the ultimate goal of those of us in education is to serve the student.
For-profit colleges have a huge opportunity to move education forward, and at a great value to taxpayers. They have already made great strides in driving access, innovation and a trained workforce.
Sources:
Higher Education Management